Press Kit

Stress Less, Grow More.

Fact sheet

2014

FOUNDED

650 total employees

NUMBER OF EMPLOYEES

Florida201 NW 22nd Ave., Unit 100 Fort Lauderdale, FL 33311

California3524 N Mike Daley Drive

San Bernardino, CA 92407

Pennsylvania285 Centerpoint Blvd.

Pittston, PA 18640

LOCATIONS

Series A - $10 million (October 2018)

FUNDING

• SJF Ventures• Grotech Ventures• Supply Chain Ventures

INVESTORS

• Jan Bednar, CEO• Vaclav Jares, CTO• Kevin Sides, CRO• Geno Valdes, COO• Edward Panella, CFO• Donna DeChant, CPO

EXECUTIVE MANAGEMENT

• 2014 - $130,000• 2015 – $1.2 million • 2016 – $3.9 million• 2017 - $10.6 million• 2018 - $29 million• 2019 - $65 million

REVENUE

• 2016 SunSentinel Top Work Place• First Place, FAU Business Plan Competition Student Track • First Place, Florida Venture Forum Collegiate Competition • Tech Runway Accelerator Graduate • South Florida Manufacturers Association, Manufacturing Supply Chain finalist• 2018 Forbes 30 Under 30 • 2018 Inc. Fastest Growing Companies (#29)• 2018 SunSentinel Top Work Place• 2019 Entrepreneur 360 (#115)• 2019 Inc. Fastest Growing Companies (#154)• 2019 Inc. 5000 Fastest-Growing Companies in US (#154)• 2019 Entrepreneur Magazine's 360 List of Best Entrepreneurial Companies in America (#115)• 2019 Deloitte Technology Fast 500 (#51)• 2019 FAU Tech Runway Maverick Venture of the Year

AWARDS & RECOGNITIONS

• Logistics & Fulfillment - Multichannel eCommerce Fulfillment - Retail / B2B Fulfillment - Subscription Box Fulfillment - Crowdfunding & Flash Sales - Amazon FBA Prep Services• Inventory, Shipping, Order, Warehouse Management Software

SERVICES

• Industry-leading technology• Dedicated Happiness Engineers• Warehouse automation• Discount shipping rates• Flexibility

KEY DIFFERENTIATORS

Timeline

2011 2017201620152014

MARCH, 2014

Jan BednarFounded BedaBox

JUNE, 2014First Place,

Florida Venture ForumCollegiate Competition

Started offeringfulfillment services

MARCH, 2015

DECEMBER, 2015FL fulfillment center moved

to larger 15,000 sq. ft.warehouse

Launched proprietaryinventory management

software

JANUARY, 2016 OCTOBER, 2017Opened Redlands, CA

fulfillment center

JULY, 2019Opened Pittston, PA

fulfillment center

AUGUST, 2018CA fulfillment center moved

to larger 95,000 sq. ft.warehouse

Q2 2020

International Expansion

MARCH, 2014

First Place, FAU Business Plan Competition

Student Track

APRIL, 2015

Hired the firstwarehouse employee

JANUARY, 2016

Rebranded BedaBoxFulfillment as ShipMonk

MARCH, 2017

FL fulfillment center movedto a new 80,000 sq. ft.

warehouse

2011Jan shipped first few

packages to his friendsin the Czech Republic

2019 20202018

SEPTEMBER 2014 - SEPTEMBER, 2015

Tech Runway AcceleratorProgram (3,000 sq feet)

JUNE, 2019

FL fulfillment center movedto larger 220,000 sq. ft.

warehouse

OCTOBER, 2018Raised $10M

in Series A funding

What isShipMonk

ShipMonk enables startups and SMBs to focus on building their brand and achieving next-level growth by providing revolutionary multi-channel order fulfillment services and ecommerce management software.

LOGISTICSTECHNOLOGY

AboutShipMonk

From our inception in 2014, ShipMonk has operated with a singular guiding principle: to help small and medium sized businesses scale by offering technology-driven fulfillment solutions that enable business founders to devote more time to the things that matter most in their businesses.

Put simply, we help eCommerce companies stress less and grow more.

Our Mission

We help companies STRESS LESS and GROW MOREWe are TRANSPARENTWe prioritize GROWTHWe are SERVICE ORIENTEDWe champion NEW TECHNOLOGYWe PROMOTE DIVERSITYWe are MULTINATIONALWe are YOUR PARTNER THROUGH THICK AND THINWe GET SH*T DONE

Our Values

Be You

Challenge the “Norm”

Be Mindful

Get Shit Done

Have Fun and Smile

Embrace Our Adventure

Do the Right Thing

Jan Bednar grew up in the Czech Republic with dreams.

Big dreams. American dreams. Dreams that followed

him to the United States and Florida Atlantic University.

Once at school, his friends back home reached out to

him with a simple request: “Can you send me what

you’ve got?”

You see, many US merchants either refused to ship to

the Czech Republic or their payment method was

unaccepted. By ordering online and shipping to Jan, who

would in turn forward the package to them, the

customers could receive products they otherwise would

not have had access to!

Our JourneyJan created BedaBox, a company that focused on

forwarding packages to international clients. Because

the company was profitable from day one and founded

on such solid principles, the company had no trouble

winning business plan competitions including the FAU

Business Plan Competition and the Florida Venture

Forum Collegiate Competition. This success, coupled

with Jan’s acceptance to the inaugural collegiate

incubator Tech Runway, helped launch BedaBox to new

heights.

Along the way, Jan realized that there was a tremendous

opportunity: technology-focused fulfillment services for

small and medium-sized ecommerce companies that

enable founders to focus on the things that matter most

in growing their business. All of the competitors in the

space either didn’t have user-friendly technology or

could not offer high-quality service that would meet

customers‘ high expectations.

And that’s how ShipMonk was born. Out of a true need

for a service in an industry that was growing faster than

anything else. This was the true rocket ship that

launched ShipMonk.

Moving in late 2015 to a 23,000 square foot facility in

Pompano Beach, Florida, ShipMonk scaled tremendously

and quickly outgrew its facilities.

$17,000Tech Runway

By late 2016, ShipMonk moved to a massive 90,000 square foot facility in Deerfield Beach, Florida. But Jan knew that ShipMonk could best serve its customers by operating facilities on both coasts, and so our California location was opened. We also formally opened our development office in the Czech Republic.

Outgrowing our Florida headquarters for the fourth time in four years, we moved into a massive 220,000 square foot facility in South Florida in early 2019. We also expanded operations to the north-east United States, opening a 76,000 square foot facility in Pittston, Pennsylvania.

We are continuing additional expansion and growth -- but not growth for growth's sake. Our growing ShipMonk family works together with one goal in mind -- to help you stress less and grow more.

The Vision

Fort Lauderdale, FL

London, GBPrague, CZ

Sydney, AU

Shanghai, CN

Moscow, RU

Singapore, SG

Beijing, CN

Pittson, PA

Los Angeles, CA

We’re not the first order fulfillment company to help

business owners save time and money. But we are

the first to bring transformative technology to the

fulfillment industry. Rather than just improving what

is currently offered, we approach the market with

the mindset of redefining the entire industry. From

our API integrations to automated mapping and

bundling, ShipMonk software has the ability to map

SKUs across various sales channels and bundle an

infinite amount of product combinations so our

clients can change their product offerings without

worrying about tracking, inventory levels, or

fulfillment.

Powerful Software

Our extensive background and professional

network within the shipping industry enables us to

provide “Best in Class” service via the world’s most

reliable carriers while offering superior rates.

ShipMonk receives heavily discounted shipping

rates with every major carrier, and the best part is

that we pass these discounts on to you and your

customers. This gives you complete control over

your shipping costs and peace of mind that your

products will always be delivered on time.

Cost-Effectiveand Flexible Shipping

Features + Value Propositions

We've gone to great lengths to implement the most

advanced technology to optimize our picking efforts.

Pick to light and pick by voice are both useful and

highly-effective solutions, but we wanted to take

things to (literally) another level. In 2017, we installed

the first ecommerce storage and retrieval machines

(SRMs) in the USA. These SRMs were designed to

increase productivity, optimize space utilization,

improve ergonomics, boost throughput, enhance

product security and increase overall efficiency.

WarehouseAutomation

To create a memorable experience for your customers,

each order can be branded to your specifications.

Our team will pack orders just as you would with

custom packaging, gift messaging, specialty packing

material, stickers, and promotional inserts. Our

packing stations are even equipped with cameras to

provide pictures of your packages so you can ensure

we stay true to your brand.

Customization

We realize that startups and SMBs require special

attention—whether it’s to gain traction or to

transition into full-blown growth—in order to

achieve their full potential. That’s exactly why we

created Happiness Engineers. Each and every

ShipMonk customer will be assigned a dedicated

Happiness Engineer to welcome them from the start

and will always be there to answer all questions or

concerns regarding their account. All of our

Happiness Engineers go through a comprehensive

training process designed to turn them into shipping

experts, so no question is too big or too small for

their expert advice.

DedicatedHappiness Engineer

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Stress Less, Grow More.

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FONTS

THANK YOU!

www.shipmonk.com

Contact

Direct: +1 (863) 381-2446Email: kathryn@shipmonk.comLinkedIn: linkedin.com/in/katandrews

KATHRYN ANDREWS - Marketing Manager